Quantcast
Channel: Original MYOB Essentials Platform topics
Viewing all articles
Browse latest Browse all 14164

cash withdrawal for private use from business account

$
0
0

Hi, 

 

I had a look through all prev post but it still isnt quiet clear to me how to enter the following.

 

Going through the bank statements of our business I allocate all the spendings to the people/shops/businesses the money went to.

If something was soend for private use (ie Woolworth grocery shop) I allocate it to Other expenses (9-1000) and title it Private expense.

 

What do I do though if I see a ATM withdrawal? We dont use any cash for business purpose! So I know all cash withdrawal are used for private purchases (whatever they might be). How to I enter this in the section "TO"...

Do I need to set something up that can be destingished as a private cash reciever?

 

Any help would be much appreciated.

 

Thank you Smiley Happy

Isabel


Viewing all articles
Browse latest Browse all 14164

Trending Articles